Unit 1 & Unit 4: Cost Benefit analysis of HS2

The HS2 debate seems to dominate the headlines at the moment, giving transport economists plenty of material to support their learning of cost-benefit analysis, government finance issues, externalities and modal switch. For those looking for a quick 'for and against' summary, the BBC magazine does a very good job trying to balance the argument here



The article is useful for AS students looking at market failure, but also Unit 4 students discussing Economic Development and infrastructure spending.

Related Questions:

Unit 1: January 2010, Question 10

Unit 4: June 2011, Q1 & June 2012, Q5